Despite being cleared a year ago, the project to indigenously construct six conventional submarines for the Navy has failed to make any headway as the Defence Procurement Policy (DPP) has not yet been finalised.
In April, Defence Minister Parrikar had constituted a committee under former defence secretary Dhirendra Singh to recommend changes in the DPP. While the committee has already made its recommendations, the final DPP is likely to be rolled out by the end of this year. The Rs.50,000-80,000-crore project is critical for the depleting submarine arm of the navy.
FlashNews:
IRB Group Reports ₹8.3 Billion FY2026 Toll Revenue, Secures 10% National Share
India and Bhutan Sign Tariff Protocol for Punatsangchhu‑II, Strengthening Hydropower Partnership
IndiGo, Digi Yatra and BIAL Pioneer India’s First International Contactless Travel Trials with IATA
India-Bhutan Hydropower Push: Minister Manohar Lal’s 4-Day Visit to Drive Projects, Trade
India Slashes Airport Charges to Shield Domestic Airlines from ATF Surge Amid West Asia Conflict
India Climbs to Third Globally in Renewable Energy Capacity, Adding Record 55 GW in FY2025-26
Japan’s JFE Engineering Invests ¥750 Million in Antony Waste; First FDI in India’s Waste-to-Energy Sector
SDHI Wins India’s First Ammonia Dual‑Fuel Bulk Carrier Order
SAME and IndiGo Launch Cadet AME Programme to Train India’s Next Aviation Engineers
IndiGo Revises Fuel Charges as ATF Costs Soar
Putting Turbulence Behind IndiGo Appoints Willie Walsh to Drive Future Global Growth
DFCCIL Completes Trial Run on Newly Electrified JNPA-Vaitarna Freight Corridor
Cleared for Take Off!
Neworld Developers: Leading the Charge in Real Estate
REC Presents Live Demos of P2P Energy Trading Pilot at New Delhi’s Global AI Impact Summit
Fuel in Transition
Facility Management: Beyond Build
We want to take the best construction to the people
Powering the New Industrial Ecosystem
Home » Delay in procurement policy revision hits submarine project
Delay in procurement policy revision hits submarine project
ECONOMY & POLICY
November 1, 2015November 1, 2015


Leave a Reply
You must be logged in to post a comment.